2023 proved to be a pivotal year for #Zilliqa , marked by significant strides in technology, strategic alliances, and the expansion of their ecosystem. The community's resilience and innovative spirit were evident, overcoming the challenges of the dynamic blockchain industry. Here's a comprehensive review of Zilliqa's standout accomplishments:
1. Zilliqa Group Formation:
- Zilliqa Group was established to provide a robust framework for sustainable growth.
- This corporate structure incubates ventures like Roll1ng Thund3rz, a pioneering Web3 entertainment company focusing on blockchain-enhanced gaming experiences.
2. Strategic Partnerships:
- Zilliqa Group's strategic alliance with Google Cloud reinforced the network's infrastructure, enhancing resilience and performance.
- Collaborations with GMEX ZERO13 and ChainUp expanded Zilliqa's reach across industries, showcasing its commitment to fostering growth.
3. EVM Compatibility on Mainnet:
- The introduction of Ethereum Virtual Machine (EVM) compatibility opened up the Zilliqa network to global Web3 developers.
- Ongoing enhancements to EVM compatibility, including support for fungible Scilla tokens, were implemented throughout the year.
4. DeFi Foundations:
- Ionise, the first money market protocol on Zilliqa EVM, launched, allowing borrowing and lending of ZIL and zUSDT.
- PlunderSwap, the first EVM-based decentralized exchange (DEX), debuted on the Zilliqa mainnet.
- Liquid staking through Avely Finance offered flexibility for ZIL stakers, laying the foundation for a robust DeFi ecosystem.
5. Zilliqa 2.0 Progress:
- Significant progress was made in migrating the network to Zilliqa 2.0.
- Governance improvements, such as the ability to delegate voting power, were implemented, enhancing the decision-making process.
6. Web3 Gaming Advancements:
- Roll1ng Thund3rz made substantial progress with the FUS1ON Gaming Hub and the multiplayer first-person shooter WEB3WAR.
- Partnerships with Styngr and Nohto underscored the growth and influence of Zilliqa in the gaming space.
- The anticipated launch of $FPS in-game currency for WEB3WAR in 2024 marks a significant milestone.
7. Fan Loyalty Initiatives:
- Zilliqa entered the fan loyalty space, powering initiatives like The Winners Circle with Racing League UK.
- The Pride by MAD Lions, another loyalty program, leverages Zilliqa's infrastructure to reward fans with digital collectibles.
8. Upcoming in 2024:
- Exciting updates and announcements are anticipated in 2024, building upon the successes of the previous year.
Zilliqa's journey in 2023 reflects a commitment to innovation, partnerships, and the creation of a diverse and thriving ecosystem. As the network moves forward, the focus remains on delivering real-world products, fostering flexibility, and continuing to play a pivotal role in shaping the future of Web3. The achievements of 2023 set the stage for a promising year ahead.
